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business owners aren't using those record profits to pay their workers. profits hit an all-time high, but workers wages have simply bottomed out. in fact, wages have hit an all-time low. let's take a look at this. it seems to be some kind of income fairness in this country. until about 2000. wages have gone from here down to there in 12 years. have you heard the term "off the charts"? here we go. corporate profits, then the recession hit. but back at it. there's a pretty huge separation between corporate profits and wages. one line is going off the charts and the other one is going down. but there's good news. even though wages are lower, consumers are basically driving the economy. consumer confidence reached its highest point since february of 2008. in a new report, it shows the automobile industry continues to roar back. almost every auto maker is reporting big sales gains. dodge is up for the 32nd month in a row. chrysler sales up 14% over last year. the hyundai plant in alabama is running at full capacity and can't keep pace with demand. there's no q
business owners aren't using those record profits to pay their workers. profits hit an all-time high, but workers wages have simply bottomed out. in fact, wages have hit an all-time low. let's take a look at this. it seems to be some kind of income fairness in this country. until about 2000. wages have gone from here down to there in 12 years. have you heard the term "off the charts"? here we go. corporate profits, then the recession hit. but back at it. there's a pretty huge...
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Dec 2, 2012
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people in america, ignores the way most small businesses work in america. >> this political fight's over policy, but if you weren't paying attention, you would wear that the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. we're months removed from the 2012 election, but governor rounds is looking forward to 2017. while 2014's a long way away, 2013 is just beyond the horizon, that's when chris christie -- >> i don't want to leave now. we have a job to do. that job won't be finished by next year. >> it may be the holiday season, but it seems there is no holiday from campaign politics. >> thanks, paul. >>> well, the priority for congress and the white house tomorrow, making head way on the fiscal cliff. and stopping automatic spending cuts and instant tax hikes from hitting every american. negotiations between the who is and congress has stalled, john boehner calling it a stalemate. there are 30 days to go. charles, draw me a picture, how does this end? is staking out their
people in america, ignores the way most small businesses work in america. >> this political fight's over policy, but if you weren't paying attention, you would wear that the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. we're months removed from the 2012 election, but governor rounds is looking forward to 2017. while 2014's a long way away, 2013 is just beyond the...
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Dec 3, 2012
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president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff and didn't make the president look particularly effective. an issue to be resolved is to tackle entitlement reform. you have the white house and republicans saying you need to put meat on the bones and going back and forth. listen to what republican senator bob corker said. >> i think the really discussions around the fiscal cliff haven't even begun to be serious yet and the reason they haven't is we have really not begun to talk about real entitlement reforms and the only way of a true avoidance and until the debate moves to that point there's really no serious debate taking place and i think,
president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomorrow. other stakeholders this week and he's trying to kind of put some pressure on congress and learn from a mistake that he made you might say during say the debt ceiling negotiations where you saw these meetings with congressional leaders but there really wasn't a whole lot of payoff...
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Dec 1, 2012
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and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do with the sense of lock box and where this money actually comes from and where it sits in the meanwhile before it gets spent. but i also think it's awfully important to remember that in terms of republican cooperation, the president really has been i think very sincere about seeking that cooperation and initially speaker boehner i think expressed with great sincerity his interest in cooperation. i
and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it...
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. >>> president obama has a busy couple of days coming up. today he hosts the prime minister of bulgaria in the oval office, then heads to national defense university to deliver remarks there. tomorrow the president meets with governors at the white house. they will be discussing, what else, the impending fiscal cliff. >>> news corporations uk chief tom mockridge is stepping down. he took over the unit 18 months ago at the height of the company's phone hacking scandal >>> the time has finally come, cory booker taking the food stamp challenge this week. the newark mayor will only be eating with food he can buy for $37. that is the average food stamped benefit in his week. booker said he will be giving up coffee because he can't afford it. that will be tough for us. >> no doubt. >> interesting to see at the end of that how he does. >> i'm sure he will be documenting on twitter what goes on during those days. coming up, one of the strangest cases of cosmetic surgery, can't make this up. did you read about this? mustache implants. that's right. w
. >>> president obama has a busy couple of days coming up. today he hosts the prime minister of bulgaria in the oval office, then heads to national defense university to deliver remarks there. tomorrow the president meets with governors at the white house. they will be discussing, what else, the impending fiscal cliff. >>> news corporations uk chief tom mockridge is stepping down. he took over the unit 18 months ago at the height of the company's phone hacking scandal...
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business needs a president who covers the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. >> yeah. >> and that's why i'm here tonight supporting president obama. stuart: now, isn't that hipocracy? you support a tax the rich president, you're rich, but you don't pay the tax the rich penalties. interesting. and now look at this. joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know, if you've ever walked past time square, i know it's kind of right by where we work. that sur
business needs a president who covers the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. >> yeah. >> and that's why i'm here tonight supporting president obama. stuart: now, isn't that hipocracy? you support a tax the rich president, you're rich, but you don't pay the tax the rich penalties. interesting. and now look at this. joe biden shopping at costco last week. did some...
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he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising those tax rates. they are identified by marcus at countries job creators. >> for the first time in two decades, they are there will tell revenues go up as part is the plan. but they have to tell us what they're willing to do with revenues. it's definitely very har
he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to...
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Nov 30, 2012
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american small businesses will get a tax cut. so why not come to a negotiated deal on the things that we agree on and put aside the other things. we don't thesely have to agree on those 2%. let's work on where there is some sort of compromisable solution or common ground. >> michael sm, what do you thins going on behind these meetings, what do you think these conversations are like? >> i don't know. i'm frustrated by the approach. i don't like the way this is all being litigated publicly and maybe it there's not an alternative. it seems that this deal gets done when the president is behind closed doors with john boehner. i think that's what it will take. it speaks to me, craig, of how there's no socialization left in washington. members of congress are there tuesday through thursday. they get out of dodge. their kids aren't in school there. not enough sharing of cocktails among one another. and frankly, i think they need to spend more time together and stop litigating this thing openly. >> bipartisan bourbon perhaps. >> yes. >> y
american small businesses will get a tax cut. so why not come to a negotiated deal on the things that we agree on and put aside the other things. we don't thesely have to agree on those 2%. let's work on where there is some sort of compromisable solution or common ground. >> michael sm, what do you thins going on behind these meetings, what do you think these conversations are like? >> i don't know. i'm frustrated by the approach. i don't like the way this is all being litigated...
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Nov 29, 2012
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in virginia, a state that votes most like the rest of the country and has now twice voted for barack obama. how extreme is cuccinelli? he reports personhood, the moment after conception, the fetus or unborn child has the rights of life, liberty, and property and that gets serious business. his own website uses the harsh language on immigration. ken is committed to solutions that remove the economic incentives that encourage i will lyle immigration, illegal aliens who choose to break additional laws by stealing identities, dealing drugs, joining criminal gangs, driving without a license, or committing fraut must receive prompt justice and deportation. no ifs, ands, or buts. i'd say that was clear. he also -- he altered the virginia state seal for modesty. notice that woman is a bit more french than her display but he says he wanted to make sure that bare breast was removed from the goodess of virtue. small point. when cuccinelli had lapel pins made the gozess' breast was covered. small point. he discussed concerns about getting a social security number for a soon to be born child. he was wo
in virginia, a state that votes most like the rest of the country and has now twice voted for barack obama. how extreme is cuccinelli? he reports personhood, the moment after conception, the fetus or unborn child has the rights of life, liberty, and property and that gets serious business. his own website uses the harsh language on immigration. ken is committed to solutions that remove the economic incentives that encourage i will lyle immigration, illegal aliens who choose to break additional...
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it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were there to steer the conversation. >> brian: really? >> you're a very good leader. >> brian: thank you. you are a liar! >> steve: we'll be watching today. >> thanks. >> gretchen: coming up, leaks from inside the white house claim president obama is willing to take the nation over the fiscal cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a violent gunman who tried to rob the store. t
it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were...
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Dec 3, 2012
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he's meeting with business leaders this week. he'll be addressing the business roundtable and i think a lesson learned, carol. you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose the mojo and interesting what anna says and i think people are concerned because two weeks ago you have a kumbaya feeling and you're not feeling that now. but it's december 3rd. in the way these things work and we saw this in the payroll tax cut last year, the debt ceiling, the near-government shutdown last year f. you blink you kind of wait until the last minute to do it. >> when no one notices. >> reporter: yeah. i think in a couple of weeks that's when you maybe are really looking for more movement. >> we'll see. thank you so much for joining us this morning.
he's meeting with business leaders this week. he'll be addressing the business roundtable and i think a lesson learned, carol. you saw the debt ceiling debate that went on last year and there were all these meetings between the white house and congressional leaders and didn't seem like they were working and doesn't work to president obama's advantage and the strategy is to go outside, get some pressure going. and they don't really want to have a meeting or else they lose the mojo and...
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last night, president obama honored some iconic performers of the white house who he joked have no business being on the same stage together. the president congratulated seven people honored for their lifetime contributions at the 135th -- 35th annual kennedy center. david letterman, and dustin hoffman, and the very talented bluesman buddy guy. and the surviving members of the led zeppelin. >>> it's being called a miracle. how a couple in oregon, how they escaped when a massive tree -- massive tree crushed their car. steve paulson says more rain is on the way. >> and you can see that traffic is pretty bad here. we have an incident in dan ville to tell you about coming up. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant >>> an auction featuring michael jackson's costumes rais
last night, president obama honored some iconic performers of the white house who he joked have no business being on the same stage together. the president congratulated seven people honored for their lifetime contributions at the 135th -- 35th annual kennedy center. david letterman, and dustin hoffman, and the very talented bluesman buddy guy. and the surviving members of the led zeppelin. >>> it's being called a miracle. how a couple in oregon, how they escaped when a massive tree --...
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this is the pursuit of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting president obama. >> gretchen: so now he and the rest of the costco board cashing in on that support, having voted to give them selves a special dividend to avoid the president's looming tax increase. so is this what the president means by tax fairness? the host of varney and company, stuart varney, is here. i'm so glad you're going to explain this because it is relatively complicated. what did they do? >> first of all, let me explain tax hypocrisy. here is how it works, the board of costco, which is headed by that gentleman, they vote themselves a special $7 per share dividend. he and his wife own 2 million shares
this is the pursuit of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting...
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Dec 5, 2012
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. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative impact on the overall economy and he will push these business leaders to support his approach. soledad? >> dan lothian, in washington, d.c., for us, thank you. >>> just a few minutes we'll be chatting with stephanie cutter, the woman who helped manage president obama's re-election campaign. we'll talk more about the fiscal cliff. >>> first a look at other stories that are making news today. zoraida has that for us. >> good morning to you. the death toll in the philippines is rising this morning. typhoon bopha moving toward beach resorts in the northern part of the country and right now it is packing winds over 90 miles an hour. that storm has already caused massive flooding and landslides in the southern philippines. dozens of buildings
. >> now later this morning, president obama will be speaking and taking questions at the business round table meeting, a white house official saying that the president will make the case that middle-class americans need certainty that their taxes will not go up at the end of the year. he will also make the case that this fiscal cliff will have a negative impact on the overall economy and he will push these business leaders to support his approach. soledad? >> dan lothian, in...
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tax breaks for 98% of americans, 97% of small businesses. >> that's not true. the tax breaks for any -- for income under $250,000 extends to 100% of americans. everybody gets it. >> the president said that friday in pennsylvania. >> obama had started to talk about how everybody would get these tax breaks with the other income. i think that's a pretty effective message. we will see whether or not they are able to convince anybody of it. republicans in the house are getting a lot of pressure from folks sort of the most rabidly anti-tax, grover norquist's good and a couple of other folks saying allowing any revenue, any rates to increase qualifies as a tax hike. >> yeah. but that's been their position all along. that was the central issue. taxes go up on the top 2% or they don't. right? it was obama versus romney. he keep come back to this that you heard bill crystal say what the hell are we doing as a party? even tom kohl said let's buy in 98% and get it out of the way and take credit for it. why is bajner refuse to go schedule a boat on that proposal. >> obtain
tax breaks for 98% of americans, 97% of small businesses. >> that's not true. the tax breaks for any -- for income under $250,000 extends to 100% of americans. everybody gets it. >> the president said that friday in pennsylvania. >> obama had started to talk about how everybody would get these tax breaks with the other income. i think that's a pretty effective message. we will see whether or not they are able to convince anybody of it. republicans in the house are getting a...
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it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the obama administration is reportedly considering deeper intervention there. this morning's "new york times" says no decisions have been made. but several options are being looked at, including providing arms to anti-government fighters. a decision on whether to deploy surface-to-air missiles in neighboring areas is likely next week. >>> and a major milestone is expected at the u.n. today, when the general assembly votes to giv
it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of...
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you donated to the obama campaign. before we get out of here, i want your thoughts that the president is anti-business. a label that he has had to wear for some time now. what do you make of that? >> i don't know where that comes from. our whole business has only done better each of the last four years. i think that perhaps as a communication issue, obviously, that's part of the job of the president and his team to communicate. certainly we came through a large fiscal crisis and there was this debate of who was responsible, was it wall street, who was it? we could have that debate another day. i think right now where we are, the consumers are, their confidence is an all-time high. you reported on that the other day and we're seeing that in our business so if we can focus on the solutions, we can unleash the virtuous cycle we have started on. how we can do better together rather than go this tick talk back and forth of who is to blame in the past. >> appreciate your insight tonight, sir. we appreciate that. you're more
you donated to the obama campaign. before we get out of here, i want your thoughts that the president is anti-business. a label that he has had to wear for some time now. what do you make of that? >> i don't know where that comes from. our whole business has only done better each of the last four years. i think that perhaps as a communication issue, obviously, that's part of the job of the president and his team to communicate. certainly we came through a large fiscal crisis and there was...
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people in america ignores the way most small businesses work in america. >> this political fight is over policy, but if you weren't paying attention, you'd swear the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. >> we're less than a month removed from the 2012 election, but former south dakota governor mike rounds is already looking ahead to 2014, announcing a bid for the sfath. >> i'll be out visiting in a lot of communities around south dakota. >> and he was the second republican to do that this past week. joining congresswoman shelly moore of west virginia. while 2014 is a long way away, 2013 is just over the horizon. that's when new jersey's chris christie is up for re-election and the tough-talking republican governor's making clear he wants another term in office to help his state recover from superstorm sandy. >> i don't want to leave now. we have a job to do. that job won't be finished by next year. >> it may be the holiday season, but it seems there's no holid
people in america ignores the way most small businesses work in america. >> this political fight is over policy, but if you weren't paying attention, you'd swear the presidential election was still going on. while the fiscal cliff battle plays out, campaign politics marches on. >> i want to help create a better united states. >> we're less than a month removed from the 2012 election, but former south dakota governor mike rounds is already looking ahead to 2014, announcing a...
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. [♪ "world news tonight" theme ♪] >> stephanie: you know president bad for business, jim? corporate profits have hit a record high while wages have hit a record low. corporation earnings are up 18.6% from a year ago. >> thanks to that socialist obama. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you, skeeter. let's goo to jerry. >> caller: hey, steph. i was wondering during the fiscal cliff thing they are talking about putting medicare and everything on the block, couldn't they accuse the president of cutting $716 billion out of medicare -- >> stephanie: right, remember that. thank you, you are the smartest boy in class. [ bell chimes ] >> i'm flabbergasted that they did that! >> stephanie: yes. mernii in michigan. hi, merni. >> caller: hi steph. i'm going to take you off of speaker. >> stephanie: all right. thank you go ahead. >> caller: i wanted to make a follow-up to one of the things that you just brought up that these
. [♪ "world news tonight" theme ♪] >> stephanie: you know president bad for business, jim? corporate profits have hit a record high while wages have hit a record low. corporation earnings are up 18.6% from a year ago. >> thanks to that socialist obama. >> stephanie: wages as a percentage of the economy are at an all-time low as this chart shows. i have a handy dandy chart once again. >> socialist, communist, hip hop barbecue. >> stephanie: thank you,...
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it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from my perspective -- >> with hillary clinton nodding approval, the president sent a strong message to the republicans, don't mess with my u.n. ambassador. rice a welcomed signal that her nomination is still alive despite another brutal day on capitol hill. >> the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign. >> i would just ask the president to step back for a moment and realize that all of us here hold the secretary of state to a very different standard than most cabinet members. >> reporter: why is she such a lightning rod? even at 5'3" as a star point guard for washington's elite school, she is a rohde sc
it will hurt small businesses or hurt our economy. >> meanwhile, president obama is again stepping into defend susan rice who was locked in a face-to-face power struggle with republicans on capitol hill for the second straight day. as nbc's andrea mitchell reports, it's not getting any easier for the women many believe who will be nominated for the next secretary of state. >> the primary purpose from my perspective -- >> with hillary clinton nodding approval, the president...
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to the point of the testing, i thought the interesting point was made by president obama at the business roundtable. working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that it wilbe a staggering figure. especially since we have a president who is inclined to spend like hell. i don't think there's any doubt about that. the president today is absolutely indulging in class warfare. >> i cannot ask folks who are middle-class seniors on medicare and young people who are trying to get student loans for college -- i can't ask them to sacrifice. and not ask anything of higher income folks. lou: wha
to the point of the testing, i thought the interesting point was made by president obama at the business roundtable. working towards john engler his possession to extend debt ceiling providers. that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not...
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the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling. president obama pushed for the power trance fosform as part of white house plan they unveiled a week ago. fiscal cliff, 26 days away. christine romans explains how going over the cliff could affect you and your family. >> reporter: brooke, here's what the sequester could mean for domestic programs. fewer women and children with assistance and child care aid. cuts to education nearly 100,000 head start spots at risk. more than 25,000 teachers and teachers aids could lose their jobs and science and public research grants could be cut including in to cancer and childhood diseases. fewer americans c
the president, president obama just talking with this middle class family in northern virginia. part of the push to preserve the middle class tax cut. here he is around the table in the washington area today. if the president and congress cannot reach a deal, tax rates for the middle class and everyone else goes up the first of the year. meanwhile, senate minority leader mitch mcconnell today prevented a simple majority vote to give the president the power to raise the u.s. debt ceiling....
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Nov 29, 2012
11/12
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seeking reconciliation with the president, president obama's meeting with business leaders repairing a troubled relationship known more for conflict than partnership. when the private sector tycoons gather he'll feet as much as pressure to make it right. making aminutes with the president isn't good publicity, it might be a necessity for the bottom line. >> what obama can get and needs from the business community. it's easy to use him as a punching bag, they foolishly lined up behind the wrong guy. they can be a valuable ally in the fiscal cliff push because they're an important component of the republican party. if business leaders come out and recognizing, we've been through the experience of the debt crisis in 2011, business leaders who care about this, have a lot of money on the line, recognize house republicans are willing to go nuts and wreck the economy if you enlist them, you've put additional pressure on republicans to come to the table and agree to a deal that's more along the lines of what democrats and president obama would like to happen. i think there's -- there's somet
seeking reconciliation with the president, president obama's meeting with business leaders repairing a troubled relationship known more for conflict than partnership. when the private sector tycoons gather he'll feet as much as pressure to make it right. making aminutes with the president isn't good publicity, it might be a necessity for the bottom line. >> what obama can get and needs from the business community. it's easy to use him as a punching bag, they foolishly lined up behind the...
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Dec 5, 2012
12/12
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president obama is meeting with business leaders about all of this right now and we expect to hear with him -- from him within the hour. alison burns, ktvu channel 2 news. >>> 7:16. florida republican senator marco rubio said republicans should take a strong stand against president obama's plan to raise taxes on upper income americans. last night, he was honored with the jack kemp leadership awards and rubio said he's against the president's plan because he says it will hurt businesses and workers. [ applause ] >> this isn't about a pledge. it isn't about protecting millionaires and billionaires. for me, it's about the fact that tax -- the tax increases he wants would fail to make a small dent in the debt but it would hurt middle-class businesses and the people who work for them. >> also, paul ryan was there. he delivered the keynote speech. he was last year's winner of the kemp leadership award. >>> controversial comedian katt williams says he's done. he's quitting standup comedy after another run-in with the law. >> i'm just gonna go ahead and announce my retirement from standup. i'm
president obama is meeting with business leaders about all of this right now and we expect to hear with him -- from him within the hour. alison burns, ktvu channel 2 news. >>> 7:16. florida republican senator marco rubio said republicans should take a strong stand against president obama's plan to raise taxes on upper income americans. last night, he was honored with the jack kemp leadership awards and rubio said he's against the president's plan because he says it will hurt businesses...
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Nov 29, 2012
11/12
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here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjoy peace of mind heading in christmas and heading in the new year and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits and stream line tax. including asking the wealthiest americans to pay more for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one thing statistically that held them. they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing, obama wins and high wins big. i understand why the democrats are doing this. they imagine that republicans have no bargaining power today . i say that it is true if republicans resist they will take the blame and that will help democrats in the congress. but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts wi
here is president obama yesterday and you heard from charles krauthammer. >> familis and small businesses can enjoy peace of mind heading in christmas and heading in the new year and it would give us more time than next year to work together on a comprehensive plan to bring down our deficits and stream line tax. including asking the wealthiest americans to pay more for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one...
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Nov 30, 2012
11/12
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CNNW
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jitters for small business owners. president obama is calling for $1.6 trillion in tax spikes. john boehner is telling him to get serious. >> with 32 days left, the two parties are trading insults with 90% of americans facing higher taxes next year. small business owners want answers. poppy harlow is talking to them. they are very nervous about this. >> very nervous and frustrated. they have no idea what is ahead. that uncertainty is the hard part. we went to new jersey to talk to owners of very different businesses that are equally frustrated that washington can't get it together. >> any company, any business did the method of accounting like the government, we would be in jail. >> you sound like you have had it. >> i have. here is the reservations. staffed 24 hours a day. >> reporter: he started the business back in 1984. today, he's got a staff of 75. 53 cars and one big question. >> i just want congress to tell me to come up with what the boundaries are so i know -- i know how to run my business, i know how to plan. >> reporter: he's laid off four employees in the last six
jitters for small business owners. president obama is calling for $1.6 trillion in tax spikes. john boehner is telling him to get serious. >> with 32 days left, the two parties are trading insults with 90% of americans facing higher taxes next year. small business owners want answers. poppy harlow is talking to them. they are very nervous about this. >> very nervous and frustrated. they have no idea what is ahead. that uncertainty is the hard part. we went to new jersey to talk to...
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Nov 30, 2012
11/12
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, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and some spending cuts, he's proposed some, he's already passed some into law. and beyond that, just from my perspective, what i see is that we know that we're a confidence-based economy, we're 70% of the economy driven by consumer spending and anything that puts a crimp in consumer spending is not good for the economy. so to put a tax rise, a tax rate increase for the middle class makes no sense to me. someone who makes 50, 60, $70,000 a year will lose and will take away a lot of discretionary purchases from people like me and travel and a whole host of other areas. i hope our leaders in washington are listening and they take the steps necessary to get to a compromise before the end of the year. >> very qui
, what obama care can do for small business, but you said we shouldn't worry about that so much, that we should get some sort of compromise in order to keep moving and keep talking and keep moving forward? >> well, i think that it was pretty clear during the course of the election and since and even in the president's speech today where he said he's willing to give on some revenue and some spending cuts, he's proposed some, he's already passed some into law. and beyond that, just from my...
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Nov 29, 2012
11/12
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KPIX
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obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is pulling back until the president offers ntitlement reform. a i've not seen one deal from country downouse that deal with medicare, medicaid and social security which are all going to fail and take this country down the road of grief. and until i hear something from the white house on that, i'm not going to say another thing on revenue. >> mr. obama will meet with his v vanquished republican rival, mitt romney. it's been several weeks, after all, since the election night when president obama vowed to ph.t with mitt romney. ga major garret, thank you. john dickerson is with us. at , good morning
obama's lead with t negotiator, will have meetings e bowlesth top congressional thisrs. othpson bowles met with all the ue.yers at both ends of 'mnnsylvania avenue. >> i'm not more optimistic or less optimistic. puthopeful but don't put me e nearnywhere near the optimistic category. tove got a long way to go and a likefew days to get it done. >> lindsey graham from south carolina have offered to break a revenueax increase pledge and ntise revenue as part of a deal but graham now is...
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Dec 2, 2012
12/12
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business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really, i mean, you look at that
business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend...
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Nov 30, 2012
11/12
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FBC
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i think that -- knows business, and i think that obama has a certain respect. obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think of the color scheme, not up to you. >> track records speak for themselves, mitt romney has a track record of great things. neil: look at, that. >> in oval offers. >> romney just within inches of the desk. >> when i worked for giuliani, romney was running, he has been running for a long time. neil: do you think he runs again. >> i do not. neil: who do the think? >> 2016 rubio, and chris christie, a lot of people that a lot of big donors begged to run. neil: tom you are running? >> not yet. >> talk to me. >> when he come back, we have a ton of twitter followers, count john mccain, as one of
i think that -- knows business, and i think that obama has a certain respect. obama is not a businessman. he is an idea log. i think by him doing something to reach out to mitt romney other than a turkey chili lunch, whatever. neil: they had cold cuts. >> and cold cuts. >> i'm thinking like salmon or something elegant, are you going to eat that. >> yeah, look at my office that you do not get, and how about a coil cut. neil: did you see that? like, looky there what do you think...
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>> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as far as taxes are concerned? >> how we go about tax reform, there's a lot of room to work together to lower the rates. >> give me an example? >> i'm not sure where the democrats are because they have not offered a plan. >> their plan is to keep the b
>> unfortunately, wolf, the policies of president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have...
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Nov 29, 2012
11/12
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if you're running a small business on the margins. these tax increases, these regulatory increases, they do matter in the real world out there. maybe not at coca-cola or comcast or deloitte, but they certainly do on main street. you would agree to that, right, donny? >> based on a half million. there's a huge difference between 250,000 and 500,000. >> donny, and you i agree on that 100%. if i were still in congress, i would say, listen, i will negotiate on anything, but i am not going to raise taxes in this police climate on people making $250,000. you want to talk about $500,000? great. let's talk about it. $250,000 is a nonstarter for small business owners. in my opinion. hey, chuck, thank you so much for being with us. >> reporter: all right, brother. >> we'll see you on "the daily rundown" right after the show. joe, thank you for being with us, and more importantly, thank you for not calling the president of the united states prez, as donny deutsch suggested you should. >> i was going back to the e-mail thing. very casual. >> i go
if you're running a small business on the margins. these tax increases, these regulatory increases, they do matter in the real world out there. maybe not at coca-cola or comcast or deloitte, but they certainly do on main street. you would agree to that, right, donny? >> based on a half million. there's a huge difference between 250,000 and 500,000. >> donny, and you i agree on that 100%. if i were still in congress, i would say, listen, i will negotiate on anything, but i am not...
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Dec 1, 2012
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. >> coming up president obama and john boehner both talking fiscal cliff. are they talking to each other? is anyone in washington talking to each other? our panel is here to talk about that next. >> one of our favorite videos of the year. back of the police car. he's back. you have to see what he has done now. stay tuned. ♪ ♪ ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice ca
. >> coming up president obama and john boehner both talking fiscal cliff. are they talking to each other? is anyone in washington talking to each other? our panel is here to talk about that next. >> one of our favorite videos of the year. back of the police car. he's back. you have to see what he has done now. stay tuned. ♪ ♪ ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest...
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Dec 6, 2012
12/12
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MSNBC
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. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest members. only 2%. the size of the problem in some sense is so
. >> including president obama actually making his appeal to business leaders on his tax plan. he's now reaching out following a very tough election campaign. >> and overseas, protests get violent in egypt where the once stable nation appears to be on the verge of crisis. first, let's get to the news live at 5:30 here at 30 rock in new york city. we begin with 25 days to go until the year end fiscal cliff deadline for the first time in days president obama and speaker boehner spoke...
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Dec 1, 2012
12/12
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i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income taxes from beginning up on middle class families. democrats in the house are ready to do the same thing. if we can just get a few house republicans onboard, i'll sign this bill as soon as congress sends it may way. but it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the wealthiest americans. >> in the republican response, senator orrin hatch takes that hostage met foaphor one step further. >> unfortunately, some on the other side of the aisle are proposing a disastrous thelma and louise strategy, puttin
i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> priority number one right now for president obama is reaching a deal on the fiscal cliff. just 31 days left until we hit those automatic spending cuts and tax increases, if negotiations break down. here is what president obama had to say in his weekly radio address. >> both parties say we should keep middle class taxes low. the senate has already passed a bill to keep income...
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Dec 1, 2012
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. >> coming up president obama and john boehner both talking fiscal cliff. are they talking to each other? is anyone in washington talking to each other? our panel is here to talk about that next. >> one of our favorite videos of the year. back of the police car. he's back. you have to see what he has done now. stay tuned. ♪ ♪ those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed back
. >> coming up president obama and john boehner both talking fiscal cliff. are they talking to each other? is anyone in washington talking to each other? our panel is here to talk about that next. >> one of our favorite videos of the year. back of the police car. he's back. you have to see what he has done now. stay tuned. ♪ ♪ those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for...
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Dec 3, 2012
12/12
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FOXNEWSW
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the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been arrogant since barack obama won in covering him and in covering in particular this fiscal cliff. tony, your thoughts. >> it could only be an msnbc anchor to take this long to figure out. there have been some media, the financial times which endorsed the president has called the president's bluff on this plan. they say this is the same proposal he put in front of congress that received zero votes a year ago, not even one democratic vote. but what the media has been doing is buying into this story line that president obama has some sort of mandate to do whatever he wants and that is truly false. obviously
the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been...
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Dec 1, 2012
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a mid-week summit with the business leaders that supported romney. the ceos of marriott, at&t and state farm. of course, meeting, after meeting, after meeting with speaker, john boehner and republican leaders. with this strategy, president obama keeps his opponents from being able to claim that he is unreasonable or stone walling. heck, i have y'all over every day, he can claim. it also ensures that they know where he stands, in the oval office. return there for another four years by the american people. which is why the president has been reminding his coalition of this. >> don't ever take sides against anyone against the family again. >> president obama is letting his electoral coalition or his family know that now is the time to hang together totally, rather than allow republicans to pick you have vulnerable, nervous members of the democratic coalition, he is getting the family in line. he reached out to voters to do their part to continue campaign. calling on all americans to raise awareness about the fiscal cliff, to get in touch with their cong
a mid-week summit with the business leaders that supported romney. the ceos of marriott, at&t and state farm. of course, meeting, after meeting, after meeting with speaker, john boehner and republican leaders. with this strategy, president obama keeps his opponents from being able to claim that he is unreasonable or stone walling. heck, i have y'all over every day, he can claim. it also ensures that they know where he stands, in the oval office. return there for another four years by the...
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Dec 6, 2012
12/12
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he and president obama are battling the air war right now. this is all about rejoiner to what i call the president's tour of 2012. the president making an announcement at business round table, meeting with ceos who voted for romney, showing he's bipartisan. john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a face-saver in the new york times. quote, if no deal can be struck to avert the bush era tax cuts and onset of deep across the board spending cuts gop leadership could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline and statutory barring. that's the debt ceiling coming up later this year, early part of next year. here's the question right now, governor. it seems that's a face saver because they say taxes defe
he and president obama are battling the air war right now. this is all about rejoiner to what i call the president's tour of 2012. the president making an announcement at business round table, meeting with ceos who voted for romney, showing he's bipartisan. john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a...
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Nov 29, 2012
11/12
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from jason, romney does have experience in business so obama will tap that and come to an idea of how to put the brakes on how to stop us from going over that fiscal cliff. and this from diane. maybe after lunch someone should give them a pail and shovel and let them play in the same sand box and show the republicans and democrats that they can play well together if they only try. keep the conversation going. facebook.com/carolcnn. coming up. the nfl reaches into n dam can sioux's pocket. his punishment for the kick to the groin. [ knock on door ] cool, you found it. wow. nice place. yeah. [ chuckles ] the family thinks i'm out shipping these. smooth move. you used priority mail flat-rate boxes. if it fits, it ships for a low, flat rate. paid for postage online and arranged a free pickup. and i'm gonna track them online, too. nice. between those boxes and this place, i'm totally staying sane this year. do i smell snickerdoodles? maybe. [ timer dings ] gotta go. [ male announcer ] priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. [ male announ
from jason, romney does have experience in business so obama will tap that and come to an idea of how to put the brakes on how to stop us from going over that fiscal cliff. and this from diane. maybe after lunch someone should give them a pail and shovel and let them play in the same sand box and show the republicans and democrats that they can play well together if they only try. keep the conversation going. facebook.com/carolcnn. coming up. the nfl reaches into n dam can sioux's pocket. his...